The City of Allen has continued its winning streak, earning a prestigious national finance award for the seventeenth year in a row.
The Government Finance Officers Association (GFOA) awarded the city with the Distinguished Budget Presentation Award for its Fiscal Year 2015-2016 budget document. The GFOA administers the only national awards program for governmental budgeting.
The award reflects the commitment of Allen City Council and city staff to meet the highest principles of governmental budgeting. In order to receive the budget award, the City of Allen must satisfy nationally-recognized guidelines for an effective budget presentation. The guidelines are designed to assess how well an entity’s budget serves as a policy document, a financial plan, an operations guide and a communications device.